Power Ledger Pegged Order

Help

What is a pegged order?

A pegged order is designed to maintain a purchase price relative to the market price or a sale price relative to the best bid. Depending on the width of the quote, this order may be passive or aggressive. You can create a pegged order by entering a limit price which defines the worst limit price that they are willing to accept and entering an offset amount which will compute the active limit price.